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Topic: [ANN] 🔵 LATOKEN - Multi-Asset Trading Platform 🔵 - page 166. (Read 307573 times)

full member
Activity: 223
Merit: 100
Seems to be an interesting project! Wish you all the best!
full member
Activity: 420
Merit: 151
I have a question concerning the trustees though. Yes, they're verified by LAToken, they're leaders in their respective markets etc. But what if they will come up with a brilliant idea to make some profit from their positions? Like giving a preferential regime to some clients?
It's about their business reputation. They may receive some profit from such operations in the short-term, but their business reputation will be spoiled if this scheme will be known to the wide public. And the risk of that is quite high.
sr. member
Activity: 560
Merit: 250
I have a question concerning the trustees though. Yes, they're verified by LAToken, they're leaders in their respective markets etc. But what if they will come up with a brilliant idea to make some profit from their positions? Like giving a preferential regime to some clients?
full member
Activity: 238
Merit: 250
Why does the amount of LAT in circulation increase from 2019 to 2022? The token sale will be finished this year, from where does these 220M tokens come from?
They say they have the company pool, I believe it has been discussed here already.
I look in infographics on the first page once more. Supply of tokens for first 5 years 400K LAT. 50% for sale, 20% company tokens, 10% team pool and 20% network growth. I am not sure that i understand it right. Network growth for extra sale in near 5 years, team pool is reward for LAToken company employees, company tokens some kind of controlling stake? What parts of this will be used "in case of due neccessity"?
sr. member
Activity: 656
Merit: 251
www.fintropy.io
Btw, is there bonuses now? Like those in the presale for the 2nd round?
You mean during the reserving? There were bonuses for large contributors then, now anyone could get a 12% bonus if they will be fast enough to buy tokens from the first 2.5M instance.
That's great! Got a few ETH, think it's a perfect time to contribute.
full member
Activity: 420
Merit: 151
Btw, is there bonuses now? Like those in the presale for the 2nd round?
You mean during the reserving? There were bonuses for large contributors then, now anyone could get a 12% bonus if they will be fast enough to buy tokens from the first 2.5M instance.
sr. member
Activity: 656
Merit: 251
www.fintropy.io
Btw, is there bonuses now? Like those in the presale for the 2nd round?
hero member
Activity: 658
Merit: 500
OK then. I suppose it will be no harm to buy some LAT as the 3rd round has started now.
Is there a guarantee that my ETH will be transferred as they should?
You can watch the status of your transaction at the etherscan and contact the LAT Team if something went wrong.
sr. member
Activity: 656
Merit: 251
www.fintropy.io
OK then. I suppose it will be no harm to buy some LAT as the 3rd round has started now.
Is there a guarantee that my ETH will be transferred as they should?
I've made a mistake during the second round and sent them with zero data. They haven't come so I contacted the support team and the problem was resolved in two days. Still I recommend you to do it as the instruction says Grin
sr. member
Activity: 560
Merit: 250
OK then. I suppose it will be no harm to buy some LAT as the 3rd round has started now.
Is there a guarantee that my ETH will be transferred as they should?
full member
Activity: 266
Merit: 100
LAT has been popular so far! One of the successful ICO I'll say. I really want to know more about the concept of Lat. I can see some of you guys talking technicalities of Wall street. I am a crypto guy and really one to know more
You can read this for beginning https://cdn.latoken.com/common/files/whitepaper/latoken-whitepaper-en.pdf
Some short, but important parts of it you can briefly see on the first page of that topic.
hero member
Activity: 658
Merit: 500
LAT has been popular so far! One of the successful ICO I'll say. I really want to know more about the concept of Lat. I can see some of you guys talking technicalities of Wall street. I am a crypto guy and really one to know more
Feel free to ask question in this thread. I'm not a LAToken representative myself but I'll be glad to discuss the pro and contra of it with you. Took part in the 1st round.
full member
Activity: 518
Merit: 100
LAT has been popular so far! One of the successful ICO I'll say. I really want to know more about the concept of Lat. I can see some of you guys talking technicalities of Wall street. I am a crypto guy and really one to know more
full member
Activity: 266
Merit: 100
I suppose I'll have to invest into crypto then?..
I suppose you must to invest part of your money in cryptoassets bcs later you can grudge that did't do it now.
hero member
Activity: 658
Merit: 500
If i use LAT to buy Google for example, what will be given to me to confirm that I am a Shareholder of Google?
You buy not a Google share, but LABT backed with a Google share. So technically you aren't a shareholder.
So it is like a CFD?
Something like that.
But is there an actual backing of the underlying asset?
Let me try to explain that.
The underlying asset is being hold by the trustee and sold on the auction if the contract in LAT is not fulfilled.
It's similar to a futures contract then?
Yes, you can say so.
sr. member
Activity: 490
Merit: 250
If i use LAT to buy Google for example, what will be given to me to confirm that I am a Shareholder of Google?
You buy not a Google share, but LABT backed with a Google share. So technically you aren't a shareholder.
So it is like a CFD?
Something like that.
But is there an actual backing of the underlying asset?
Let me try to explain that.
The underlying asset is being hold by the trustee and sold on the auction if the contract in LAT is not fulfilled.
It's similar to a futures contract then?
hero member
Activity: 658
Merit: 500
OK. But theoretically speaking what if the predictions are wrong? Consider there will be some force-major circumstances in the near future like a nuclear war or the death of Internet, what will be with our contributions then?
What are you talking about, man? And what if there will be nuclear war just in an hour, isn't it possible? And what if you're just dreaming now, maybe there's no need to eat and breathe?
Easy there. That is the question. Should I really wait such a long term knowing that the global situation may change rapidly?
Well I see your point. Let me ask a counter question then. What if all the fiat currency will be infected by an incurable disease strain? And all the governments will come to an agreement to close offshore zones and put up a 50% tax for financial operations? It's theoretically possible too. What will you do then?
I suppose I'll have to invest into crypto then?..
Not exactly, you have to invest in crypto now. In this extreme scenario the price of crypto will be enormous soon.
The thing is, we don't know exactly what a scenario will take place in this universe. For this reason we have to diversify our portfolio by having both fiat and crypto assets, and in each the types of assets are better to be diversified too. To make the latter possible is the mission of LAToken.
hero member
Activity: 658
Merit: 500
If i use LAT to buy Google for example, what will be given to me to confirm that I am a Shareholder of Google?
You buy not a Google share, but LABT backed with a Google share. So technically you aren't a shareholder.
So it is like a CFD?
Something like that.
But is there an actual backing of the underlying asset?
Let me try to explain that.
The underlying asset is being hold by the trustee and sold on the auction if the contract in LAT is not fulfilled.
sr. member
Activity: 560
Merit: 250
OK. But theoretically speaking what if the predictions are wrong? Consider there will be some force-major circumstances in the near future like a nuclear war or the death of Internet, what will be with our contributions then?
What are you talking about, man? And what if there will be nuclear war just in an hour, isn't it possible? And what if you're just dreaming now, maybe there's no need to eat and breathe?
Easy there. That is the question. Should I really wait such a long term knowing that the global situation may change rapidly?
Well I see your point. Let me ask a counter question then. What if all the fiat currency will be infected by an incurable disease strain? And all the governments will come to an agreement to close offshore zones and put up a 50% tax for financial operations? It's theoretically possible too. What will you do then?
I suppose I'll have to invest into crypto then?..
sr. member
Activity: 490
Merit: 250
If i use LAT to buy Google for example, what will be given to me to confirm that I am a Shareholder of Google?
You buy not a Google share, but LABT backed with a Google share. So technically you aren't a shareholder.
So it is like a CFD?
Something like that.
But is there an actual backing of the underlying asset?
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